August 12, 2011
What happens if I do not make my payment on the due date? The loan servicer expects to receive your payment by the due date. If the servicer has not received your payment by that date, it is delinquent. Most loans have a Grace Period, which is the length of time between the due date and the [...]
Read the full article →
August 12, 2011
This week the federal reserve announced it would hold interest rates low until mid 2013. Before the recent run of economic news and the drop in the stock market it was widely speculated that the fed would raise the rates in late August. The move is a way to calm jittery stock market investors by [...]
Read the full article →